NatWest Group plc
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 8, 2025), NatWest Group plc reported 39 stock positions worth $404.6 million. Its top holding was Nvidia (NVDA) at 7.7% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Apple (AAPL, 6.4%). Compared with Q2 2025, it opened 9 new positions, sold out of 2, added to 12 and reduced 14. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from Wells Fargo (WFC).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, SCOTLAND, X0
- CIK
- 0000844150
- Portfolio Value
- $404.6M (Q3 2025)
- SEC Filing
- 0000844150-25-000013 ↗ filed Oct 8, 2025
Holdings Value
Holdings 39 stocks · $404.6M
| NVDA Nvidia Corp. | 7.72% | 167,458 | $31.2M | Add +45.6% |
| MSFT Microsoft Corp. | 7.03% | 54,934 | $28.5M | Add +25.5% |
| AAPL Apple Inc. | 6.40% | 101,717 | $25.9M | New |
| GOOGL Alphabet Inc. Class A | 5.31% | 88,398 | $21.5M | Reduce -0.2% |
| KLAC KLA Corp. | 4.71% | 17,681 | $19.1M | Add +57.4% |
| AVGO Broadcom Inc. | 4.32% | 52,929 | $17.5M | Add +0.3% |
| CME Cme Group Inc. | 4.01% | 60,001 | $16.2M | No change |
| NFLX Netflix Inc. | 3.98% | 13,444 | $16.1M | Add +1.3% |
| V Visa Inc. Class A | 3.79% | 44,915 | $15.3M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 3.50% | 19,267 | $14.1M | Reduce -23.5% |
| LRCX Lam Research Corp. | 3.14% | 94,825 | $12.7M | New |
| EBAY eBay Inc. | 3.12% | 138,992 | $12.6M | Reduce -24.7% |
| BKNG Booking Holdings Inc. | 2.80% | 2,098 | $11.3M | Reduce -0.3% |
| RCL Royal Caribbean Cruises Ltd. | 2.65% | 33,145 | $10.7M | Reduce -1.6% |
| EA Electronic Arts Inc. | 2.57% | 51,632 | $10.4M | New |
| JNJ Johnson & Johnson | 2.51% | 54,803 | $10.2M | New |
| JPM JPMorgan Chase & Co. | 2.50% | 32,040 | $10.1M | Add +1.3% |
| GILD Gilead Sciences Inc. | 2.43% | 88,555 | $9.8M | Reduce -28.3% |
| INTU Intuit Inc. | 2.36% | 14,006 | $9.6M | Add +5.4% |
| NEM Newmont Corp. | 2.36% | 113,137 | $9.5M | New |
| IVV iShares Core S&P 500 ETF | 2.31% | 13,975 | $9.4M | No change |
| HWM Howmet Aerospace Inc. | 2.19% | 45,243 | $8.9M | Reduce -7.3% |
| UBER Uber Technologies Inc. | 2.09% | 86,459 | $8.5M | Reduce -25.2% |
| MS Morgan Stanley | 1.98% | 50,521 | $8.0M | Add +0.4% |
| MCO Moody's Corp. | 1.94% | 16,438 | $7.8M | Reduce -0.7% |
| KR Kroger Co. | 1.70% | 102,025 | $6.9M | Add +1.2% |
| TT Trane Technologies PLC | 1.55% | 14,852 | $6.3M | New |
| CTAS Cintas Corp. | 1.52% | 29,905 | $6.1M | Reduce -43.3% |
| KMB Kimberly-Clark Corp. | 1.43% | 46,525 | $5.8M | Add +0.1% |
| NRG NRG Energy Inc. | 1.38% | 34,557 | $5.6M | Reduce -28.2% |
| AMZN Amazon.com Inc. | 1.30% | 24,006 | $5.3M | New |
| CL Colgate-Palmolive Co. | 1.20% | 60,666 | $4.8M | Add +0.3% |
| MSI Motorola Solutions Inc. | 1.01% | 8,933 | $4.1M | Reduce -0.2% |
| LOGI Logitech International-Reg | 0.62% | 22,813 | $2.5M | Add +0.5% |
| UBS UBS Group AG-Reg | 0.34% | 33,219 | $1.4M | Reduce -64.2% |
| CNQ Canadian Natural Resources | 0.06% | 7,182 | $230K | No change |
| CMI Cummins Inc. | 0.06% | 528 | $223K | New |
| GOOG Alphabet Inc. Class C | 0.05% | 875 | $213K | New |
| TDG Transdigm Group Inc. | 0.05% | 160 | $211K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| WFC Wells Fargo & Co. | Sold out | 0.00% | −4.15 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −4.01 |
| META Meta Platforms Inc. Class A | Reduce -23.5% | 3.50% | −2.00 |
| CTAS Cintas Corp. | Reduce -43.3% | 1.52% | −1.96 |
| GILD Gilead Sciences Inc. | Reduce -28.3% | 2.43% | −1.62 |
| UBER Uber Technologies Inc. | Reduce -25.2% | 2.09% | −1.10 |
| V Visa Inc. Class A | Reduce -1.6% | 3.79% | −1.00 |
| EBAY eBay Inc. | Reduce -24.7% | 3.12% | −0.94 |
| NRG NRG Energy Inc. | Reduce -28.2% | 1.38% | −0.90 |
| BKNG Booking Holdings Inc. | Reduce -0.3% | 2.80% | −0.80 |
| UBS UBS Group AG-Reg | Reduce -64.2% | 0.34% | −0.59 |
| MCO Moody's Corp. | Reduce -0.7% | 1.94% | −0.52 |
| HWM Howmet Aerospace Inc. | Reduce -7.3% | 2.19% | −0.49 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -1.6% | 2.65% | −0.47 |
| MSI Motorola Solutions Inc. | Reduce -0.2% | 1.01% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -0.2% | 5.31% | +0.70 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | New | 6.40% | +6.40 |
| LRCX Lam Research Corp. | New | 3.14% | +3.14 |
| EA Electronic Arts Inc. | New | 2.57% | +2.57 |
| JNJ Johnson & Johnson | New | 2.51% | +2.51 |
| NEM Newmont Corp. | New | 2.36% | +2.36 |
| NVDA Nvidia Corp. | Add +45.6% | 7.72% | +2.35 |
| KLAC KLA Corp. | Add +57.4% | 4.71% | +1.74 |
| TT Trane Technologies PLC | New | 1.55% | +1.55 |
| AMZN Amazon.com Inc. | New | 1.30% | +1.30 |
| MSFT Microsoft Corp. | Add +25.5% | 7.03% | +0.60 |
| CMI Cummins Inc. | New | 0.06% | +0.06 |
| GOOG Alphabet Inc. Class C | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +0.3% | 4.32% | +0.02 |
| LOGI Logitech International-Reg | Add +0.5% | 0.62% | +0.01 |
| MS Morgan Stanley | Add +0.4% | 1.98% | −0.11 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 2.50% | −0.21 |
| KMB Kimberly-Clark Corp. | Add +0.1% | 1.43% | −0.34 |
| CL Colgate-Palmolive Co. | Add +0.3% | 1.20% | −0.43 |
| KR Kroger Co. | Add +1.2% | 1.70% | −0.44 |
| INTU Intuit Inc. | Add +5.4% | 2.36% | −0.73 |
| NFLX Netflix Inc. | Add +1.3% | 3.98% | −1.27 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 48 | $560.3M | AAPL, NVDA, AZN, GOOGL, MU |
| Q1 2026 | 44 | $462.2M | AZN, AAPL, NVDA, GOOGL, MSFT |
| Q4 2025 | 39 | $429.6M | NVDA, AAPL, GOOGL, MSFT, JPM |
| Q3 2025 | 39 | $404.6M | NVDA, MSFT, AAPL, GOOGL, KLAC |
| Q2 2025 | 32 | $338.2M | MSFT, META, NVDA, NFLX, CME |
| Q1 2025 | 34 | $339.2M | AAPL, WRB, CME, JPM, META |
| Q4 2024 | 33 | $337.9M | AAPL, NVDA, NFLX, JPM, META |
| Q3 2024 | 35 | $338.3M | AAPL, NVDA, MSFT, JPM, GOOGL |
| Q2 2024 | 36 | $292.4M | NVDA, MSFT, AAPL, JPM, NFLX |
| Q1 2024 | 35 | $259.7M | MSFT, NVDA, AAPL, JPM, CME |